Post
Topic
Board Speculation
Re: Has the SEC made an approval?
by
BitcoinPanther
on 10/03/2017, 23:15:20 UTC
Price just dropped almost $300, did a negative decision come out?

I think it was denied. I read an article online that stated that the ETF was not approved. I assume it is legit, but I would have expected the price to drop even more than it has.

A lot of people around the world didn't get the memo yet. The price will likely fall further once everyone and their mother realized the ETF thing was just a hype. It will take a while, maybe a day. Others will be happy to make money shorting and some might sell just because others are selling. Perhaps a good idea to postpone buying for a bit longer.

Indeed, some part are of the world are just waking up now and they will be surprised about the price of BTC plummeting.  I just hope they can have hold of themselves and not goes into sell panic mode.  But I still can see price going down since there will always a seller in times of negative news.

People are retarded when they sell now lol. Btc will still go up this year. See you at 1200 in 2 weeks.

I think this will need more than 2 weeks to be able to come back to where it was before the ETF rejection.